Perpetua Resources (TSE:PPTA) Sets New 52-Week Low – Time to Sell?

Perpetua Resources Corp. (TSE:PPTA – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$21.93 and last traded at C$23.08, with a volume of 90,785 shares. The stock had previously closed at C$22.84.

Perpetua Resources Stock Performance

The company has a debt-to-equity ratio of 0.51, a current ratio of 12.30 and a quick ratio of 3.44. The stock has a market cap of C$3.46 billion, a PE ratio of -13.41, a price-to-earnings-growth ratio of -0.66 and a beta of 1.30. The business has a 50 day moving average price of C$29.32 and a two-hundred day moving average price of C$34.90.

About Perpetua Resources

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Perpetua Resources Corp., through its wholly owned subsidiaries, is focused on the exploration, site restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Stibnite Gold Project is one of the highest-grade, open pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States.

Further Reading

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